NEWTOWN, PA — The U.S. Small Business Administration and U.S. Treasury released details of the country's massive Paycheck Protection Program that helped businesses affected by the coronavirus pandemic.
A total of $20.7 billion in loans from the program were distributed in Pennsylvania, protecting 1.8 million jobs, the SBA said in its most recent report on the program. The loans will be forgiven if businesses keep employees on the payroll.
In Newtown, 130 companies and organizations received loans for more than $150,000, including two that received between $5 and $10 million — the highest amount.
Here is a breakdown of the loans received by Newtown employers, according to SBA data:
$5 million to $10 million: 2 loans
LAW SCHOOL ADMISSION COUNCIL
ROSE CASUAL DINING LP
$2 million to $5 million: 6 loans
CARESENSE HEALTH LLC
CHANDLER HALL HEALTH SERVICES INC
DELAWARE VALLEY ROSE LP
HAROLD BECK & SONS INC
KVK TECH, INC.
$1 million to $2 million: 9 loans
ARCCA INCORPORATED & SUBSIDIARIES
ASSERO SERVICES LLC
BLUE ROCK CONSTRUCTION INC
BUCKINGHAM PLACE SNF LLC
JOHNSON, KENDALL AND JOHNSON, INC.
MERCER BUCKS CARDIOLOGY PA
NORMAN'S GIFT SHOPS, INC.
REALTY LANDSCAPING CORP
SELAS HEAT TECHNOLOGY CO LLC
$350,000 to $1 million: 48 loans
A CHILD'S WORLD DEVELOPMENTAL CENTERS, INC.
A&J BUILDERS, INC.
AEGIS PUBLICATIONS LLC
BCT WALLS & CEILINGS INC
CARESENSE LIVING LLC
COLLECTIVECARE DENTAL, LLC
COMMUNITY WELFARE COUNCIL OF NEWTOWN INC
CROSS KEYS MANAGEMENT, INC.
DAVID J WITCHELL SALON AND SPA
GRAND VIEW EMERGENCY SPECIALISTS LLC
IT ASSIST LLC
JADCO ENTERPRISES, INC
JULES THIN CRUST NEWTOWN, LLC
MAIN STREET FINANCIAL SOLUTIONS LLC
MASSIMINO BLDG LLC
MPOWER SOFTWARE SERVICES
NEWTOWN AMERICAN LEGION AMBULANCE SQUAD INC
NEWTOWN AUTO SALES, INC.
NEWTOWN FRIENDS SCHOOL
NEWTOWN OFFICE & COMPUTER SUPPLY, INC.
NEWTOWN RACQUETBALL INC
NSI NEAL SYSTEMS INC
OPTIMAL STRATEGIX GROUP INC
PELMOR LABORATORIES, INC
PICKERING CORTS & SUMMERSON INC
PRABHAV EGLOBAL SERVICES LLC
RENAVATIO HEALTHCARE COMMUNICATIONS, LLC
ROCCOS STEAKS AND SPIRITS LLC
ROSE MANAGEMENT SERVICES LP
ST ANDEW CHURCH AND SCHOOL
STREHLOW & ASSOCIATES, INC
SWARTZ CULLETON PC INC
THE PROFERO GROUP, LLC
TITAN TECHNOLOGIES INC-SBA SMALL 7A TERM
TRIMED HEALTHCARE LLC
TYROL INSURANCE AGENCY INC.
UNITED COLOR MANUFACTURING INC
VERDER SCIENTIFIC INC
WHITE ENGINEERING SURFACES CORPORATION
$150,000 to $300,000: 65 loans
AFFINITY LAND SERVICES, LLC
BC COFFEE 3, LLC
BRIGHTER DAYS EARLY INTERVENTION AG
BUCKS COUNTY JEWISH CONGREGATION
BUCKS COUNTY TYPE & DESIGN, INC.
CANTOR NOVAK BEAVER & PIKE, PC
COMPREHENSIVE SPORT CARE SPECIALIST
CV MANAGEMENT INC
DB MARKETING WITH INGENUITY INC.
DIAMOND & ASSOCIATES P.C., CERTIFIED PUBLIC ACCOUNTANTS
EDUCATIONAL CONSORTIUM FOR TELECOMMUNICATIONS SERVICES
FIRST BAPTIST CHURCH OF NEWTOWN
FOX POOL MANAGEMENT, INC.
FRIENDS BOARDING HOME OF BUCKS COUNTY QUARTERLY MEETING
FRONT ROW LABS, LLC
GILBERT WILSON & HUNTER LLP
JADCO INDUSTRIES LTD
JUMA ENTERTAINMENT LLC
K2 ENVIRONMENTAL CONSULTING LLC
KARDOS, RICKLES & HAND, PC
KDP SERVICES INC
KHOURY DENTAL MANAGEMENT INC
LOFTS MEDICAL ASSOCIATES
MANDREL CONSTRUCTION COMPANY, INC.
MD SURGICAL PRODUCTS INC
MEDCOM PROFESSIONAL SERVICES, INC.,
MONARCH CARE SERVICES OF BUCKS COUNTY LLC
NEWTOWN DENTISTRY FOR KIDS PC
NEWTOWN FAMILY DENTISTRY DBA-SBA SMALL 7A TERM
NEWTOWN PODIATRY ASSOCIATES
NEWTOWN VETERINARY HOSPITAL, LLC
NORTHGATE DIGITAL CORPORATION
NOZAK ENTERPRISES, INC.
OISHI RESTAURANT INC
PENN LIFE SCIENCES LLC
PHEASANT RUN HOTEL
PHILA RI INC
PHILADELPHIA MENTAL HEALTH CLINIC
QUANTUM LEARNING INC.
R AND W CONTRACTORS INC
REAL WINTER INC
RICK STEELE'S GULF SERVICE INC
ROBERT KENDERDINE & SON INC.
SCHNEIDER RESTORATIONS, INC.
SCOTT A. LAKE
SERVICE FIRST HEATING AND AIR CONDITIONING, INC.
SHS RIDLEY INC
STALKER & ASSOCIATES, INC
STI PHARMA, LLC
STUCKERT & YATES
SYCAMORE RESTAURANT GROUP LLC
SYD ENTERPRISES, INC.
TAN CHECK CONSOLIDATED INC
THE BARN INC.
VECCHIA OSTERIA, LLC
VILLAGE AT NEWTOWN MEDICAL CENTER P. C
WORTHINGTON & SHAGEN CUSTOM BUILDER, INC.
Nationwide, more than 4.9 million loans of more than $150,000 were made to businesses and nonprofit organizations. The total amount for approved loans over that amount was more than $521 billion.
Of the loans distributed in Pennsylvania, 26,095 were for more than $150,000. Two hundred and six Pennsylvania businesses received between $5 and $10 from the program.
Here is a breakdown of the amounts approved in Pennsylvania:
$5 million to $10 million: 206 loans
$2 million to $5 million: 1,096 loans
$1 million to $2 million: 2,255 loans
$350,000 to $1 million: 8,059 loans
$150,000 to $300,000: 14,479 loans